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20121101
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on the wealthy was a central issue of president obama's campaign. he talked about it in every, single campaign speech. >> the wealthiest americans got tax cuts. tax cuts. try a tax cut. another trillion dollar tax cut that favors the wealthy. >> reporter: in her exclusive interview thursday, diane sawyer pressed the speaker on that. >> 60% of the voters have said that they are ready to raise these taxes. they are ready to have the wealthier americans pitch in here. >> i said yesterday that raising tax rates is unacceptable. >> reporter: the looming fiscal crisis has already affected financial markets, helping drive the dow below 13,000 for the first time since september. if a deal is not struck, virtually every american taxpayer will see a substantial increase in their taxes starting january 1st. during the last negotiations, speaker boehner's hands were tied because tea party conservatives opposed compromise. here's what he told george back then. >> there's no daylight between the tea party and me. >> reporter: what does he think of the tea party now? >> we don't have a tea party caucus to sp
president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate in libya are answered. collins said if president obama nominates senator john kerry instead, he would have no trouble winning confirmation. >>> and breaking news out of new york. lindsay lohan has been
. thanks, josh. >>> we're going to turn now to president obama back from his post election trip to asia and a thanksgiving break. rearranging his cabinet a top priority, big shoes to fill in powerful jobs. abc's jake tapper is here. with more on that. jake, top of the list, replacing hillary clinton at the state department. >> reporter: that's right, george. at the beginning of a game of poker, at the beginning of a president's second term, one shuffles the deck. and president obama faces difficult decisions ahead of him. top priority -- replacing two cabinet secretaries running for the doors. secretary of the treasury tim geithner, and secretary of state hillary clinton. a clear front-runner is emerging to replace hillary clinton. >> let me tell you about susan rice. she has done exemplary work. >> reporter: susan rice has the inside track though john kerry remains a viable candidate. >> based on the information we have at present is that in fact, this began as a spontaneous, not a premeditated response to what transpired in cairo. >> reporter: they have vowed a fight, with her erroneo
points. martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. and joins us now with more. questions on all of the big issues. but much of the focus on that looming fiscal cliff january 1st. >> reporter: that's right, george. the president will meet with congressional leaders tomorrow. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill
intelligence told him he should. >> and president obama held that for 24 hours, as well. okay. thanks martha. >>> let's go to our senior justice correspondent, pierre thomas, who has more on the growing questions about how the fbi has handled the story. >> reporter: good morning, george. the more you dig into this case, the seedier it gets. apparently jill kelley, the woman at the center of the new allegations involving general allen, got the attention of a lot of men. she was a friendly acquaintance of the fbi agent who started the whole case. and it turns out, he sent her shirtless pictures of himself. now we learn this unidentified agent is under investigation for calling members of congress, breaking fbi policy about disclosing investigations. they say he's a poster boy for why such investigations need to be kept private and out of politics, george. >> and, pierre, there's some suspicion that the fbi kept this from congress and the white house to protect the president during the campaign. anything to that? >> reporter: right now, justice department officials say they have a simple story,
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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